Westborough

Life sciences startup RXi Pharmaceuticals of Westborough, which is pushing for federal approval of a post-surgical, anti-scarring drug, reported a net loss of nearly $21 million for 2013, although its revenue quadrupled to $400,000, the company reported.

NEC Corp. has bought the Westborough-based energy solutions business of A123 Systems for about $100 million, the Japan-based technology networking provider announced today.

Is your business part of the region's creative economy? You may be surprised by the answer. MetroWest and the Interstate 495 corridor were recently named part of the Massachusetts Creative Economy Network, which was launched earlier this month to help cities and towns across the state foster opportunities to enhance the creative industry, which includes art and architecture, among other businesses. The hope, according to Helena Fruscio, the state's creative economy industry director, is that member regions will help their businesses and organizations find ways to collaborate and enrich the creative industry, which will ultimately provide a boost to the broader economy.

Despite beating analysts' expectations, fourth-quarter revenue and earnings fell sharply at Westborough-based Kopin Corp.

A Marlborough-based real estate development firm has purchased a large office building for $21.57 million.

Just one year ago, if you'd asked architect Clay Benjamin Smook if he would have traded a downtown Boston address for an office in the suburbs, the answer would have been 'No.' But on Feb. 12, SMOOK Architecture & Urban Design Inc. opened its new office at 8 Lyman St. in Westborough, a move Smook considers a “rebirth” for his 10-year-old, full-service architecture firm.

Four life science companies in Central Massachusetts received a combined $1.54 million in tax incentives to create 87 jobs in 2014, the Massachusetts Life Sciences Center (MLSC) announced Wednesday.

The owner of lithium-ion battery maker A123 Systems, which has operations in Westborough and Hopkinton, won an auction Friday for hybrid car maker Fisker Automotive with a $149.2 million bid.

Three Westborough apartment buildings, known collectively as the Fountainhead Apartments, were sold for $83.75 million, according to records held by the Worcester County Registry of Deeds.

A boom in licensing revenue propelled a 15-percent jump in year-over-year sales in the fourth quarter for ViryaNet of Westborough, the company reported Monday.